The Law Offices of Vincent Wong Notifies Investors of an
Investigation of Callidus Software Inc. (aka CallidusCloud) in
Connection with the Sale of the Company to SAP SE

February 01, 2018 03:57 PM Eastern Standard Time

NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors
of Callidus Software Inc. (aka CallidusCloud) (NASDAQ:CALD) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to SAP SE (NYSE: SAP). Under the
terms of the deal, Callidus Software shareholders will receive $36 for
each Callidus Software share they own.

The investigation concerns whether the Callidus Software Board of
Directors breached their fiduciary duties to Callidus Software
stockholders by failing to adequately shop the Company before entering
into this transaction and whether SAP SE is underpaying for Callidus
Software shares, thus unlawfully harming Callidus Software stockholders.

Vincent Wong, Esq. is an experienced attorney that has represented
investors in securities litigations involving financial fraud and
violations of shareholder rights. Attorney advertising. Prior results do
not guarantee similar outcomes.

Contacts

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax.
866-699-3880vw@wongesq.com

Release Summary

The Law Offices of Vincent Wong are investigating the Board of Directors of Callidus Software Inc.

Contacts

The Law Offices of Vincent WongVincent Wong, Esq., 212-425-1140Fax.
866-699-3880vw@wongesq.com